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Here are certain hints regarding
company emc mortgage ameriquest
Money smart homeowners use this mortgage strategy every time There are currently more than 50 million home mortgages in the United States today. So why arent more homeowners taking advantage of the highest yielding lowest risk, tax-free financial strategy available today?
Let me ask you.
Where can you.......
Forego only $3.35 in tax savings (three dollars and 35 cents)
Invest $350 over the course of 12 months ( three hundred and fifty dollars)
Get a return of $3,300! (Thats Three thousand three hundred dollars)
$3300 for $353.35?
Its certainly not the stock market, pork bellies or even currency trading. These vehicles are all highly leveraged high risk speculations in which the vast majority of the participants lose money, Lots of money.
So what is this low risk high return tax-free strategy?
Well, its right in front of your nose. In fact this is so close to home that you may have never even realized the life altering benefits you can achieve.
Its called The Bankers Secret otherwise known as equity acceleration or mortgage principal pre-payment
Several years ago author Mark Eisenson wrote the best selling book titled The Bankers Secret which effectively blew the lid off of what most bankers were all too happy not to talk about.The strategy of pre-paying mortgage principal in order to accelerate equity gain.
It's no wonder they weren't talking. In our example above simply by paying an extra $350.00 on your mortgage in one years time $3300.00 in future interest is saved. Thats quite a savings, wouldn't you agree?
Years ago you could only learn of this by having a banker as a relative or by attending an expensive seminar.
Just imagine how much interest you will save while at the same time substantially cutting down the number of years it will take to pay off the mortgage.
But it gets even easier. Pay your mortgage on a bi-weekly basis (perfectly legal) and you will be astounded at the number of years you can shorten the mortgage while hardly noticing the change at all. This is the perfect strategy for those who feel they just can't afford to pre-pay a mortgage. Truth be known you really can't afford to miss this opportunity.
Since the publishing of The Bankers Secret many have embraced this deceptively simple and incredibly safe wealth building strategy. You may even have read the book and be familiar with the strategy. So the question begging to be asked is......
Why arent you doing this?
There are several reasons most people dont begin an equity acceleration program but when you really analyze these you come to know that theyre really not reasons at all, theyre actually misconceptions.
See if any of these reasons sound like yours.....
It sounds too good to be true
I cant afford to pre-pay
Ill lose my biggest tax deduction
My banker will resent me if I pre-pay
My banker will subtract my pre-payments from the back end of my loan
I can get a better return on my money some place else
While many people use these as reasons not to get started the undiluted truth is that all these reasons are 100% false!
You can do this.
Start an equity acceleration program today and you will be years ahead of your friends at your very first mortgage burning party..
Remember this: When there is nothing to lose by trying and everything to gain then by all means try
About the Author Mr. Faulk i an IT professional who also happens to be a homeowner. He uses a revolutionary free equity acceleration software program. Get your Free copy at: http://mortgagesavers.has.it
More Useful Resource and Updates on company emc mortgage ameriquest
- National business in brief: Mortgage rates decline (The Kansas City Star)
Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 percent last week.
- Ahead of the Bell: National City up on sale talk (AP via Yahoo! Finance)
Cleveland-based National City Corp. may be the next bank to succumb to the current wave of consolidation in the financial industry, according to a report Thursday.
- National City's ripe for picking (The Cincinnati Enquirer)
Shares in National City Corp., Ohio's biggest bank, rose Thursday after the Wall Street Journal reported the company is in discussions with a number of suitors about a possible sale.
- National City Mum About Possible Sale (The Kentucky Post)
CLEVELAND (AP) -National City isn't talking about a report that it's looking for a buyer. The Wall Street Journal cites anonymous sources in a story Thursday that the Cleveland-based financial company is in talks with several banks.
- Colonial National Mortgage Opens Three New Branches in Austin Area (PR Newswire via Yahoo! Finance)
Colonial National Mortgage, a division of Colonial Savings F.A. and one of the nation's leading originators of residential mortgages, has opened three new retail mortgage branches in the Austin area, bringing the total number of Austin area branches to four.
- National City, Fifth Third Lead Bank Stock Plunge (Update4) (Bloomberg)
Sept. 29 (Bloomberg) -- National City Corp. and Fifth Third Bancorp, Ohio's largest banks, led banking stocks lower as many plunged the most since July 1980 after the U.S. House of Representatives voted against a $700 billion bank bailout plan.
- Report: Buyers eyeing National City bank (The Cincinnati Enquirer)
Cleveland-based National City Corp., the biggest bank in Kentucky in terms of deposits, is in talks with a number of potential buyers, according to a report Thursday.
- PNC Rumored To Buy Out National City (WPXI Pittsburgh)
Neither PNC nor National City will comment on a rumored deal by PNC to buy National City Bank.
- How National City got to this point (The Plain Dealer)
National City's slide 1999: National City bought California-based First Franklin from a subsidiary of Bank of America for $266 million. First Franklin specialized in subprime mortgages for people with poor credit ratings who could qualify for loans only at high...
- Buyout Rumors Swirl For National City (WCMH Columbus)
Cleveland-based National City Bank is keeping mum about strenuous rumors that it is a possible buyout target.
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